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I am planning to go to B-school in 1 year or 2 (not sure if I can make it for 2008 since I am still preparing for the GMAT and did not started my application's preparation).
I am wondering if a start-up experience can make any good to my profile.

Today, I manage international business development in a well established company. I need to make a career move end of this year and I am evaluating joining a start-up company (10 people) focused on mobile social network (high growth, high risk market with a lot of buzz).

My guess is it will all depend on what kind of leadership experience you will make out of it, and what sort of impact you will have on the organization and community--could be great or bad. What are you going to make out of it?

If you succeed, you will have tons of nice stuff to tell the adcoms.

If your start up goes to h*** in the end, it also could be a great material for your failure essays.

If I do this move, I will make sure to have a leading role such as VP International Business Dev that will enable me to take strategic decisions, be creative and work in team (This could complement my profile).

Since the mobile social network business is still unclear yet (business model…), the failure of the venture is highly probable. However, the experience is till worth it.

Personally, working in a startup gave me many more leadership and learning opportunities than any established company would. Mainly because there's always a staff shortage and if you have the desire to do something, they'll let you do it.

At a startup, there aren't usually any formalized development opportunities, but the informal ones (IMHO) were priceless.